Wellington stadium enjoys solid profit

As the arguments drift on about the best location for Auckland's rugby stadium, the situation in the nation's capital is booming.

Wellington's Westpac Stadium has reported a surplus of $2.28 million for the year to June.

That was slightly down on the $2.5m profit the previous year.

The stadium trust's annual report puts the hefty profit down to successful marketing, noting two key one-off events - the Rolling Stones concert and a test match on the Lions' rugby tour.

The stadium is also the venue for Wellington and Hurricanes rugby matches, the IRB rugby sevens tournament and a number of cricket fixtures.

The trust say they are planning to spend $6 million over the next five years to accommodate changes required for the rugby and cricket world cups, scheduled for 2011 and 2015 respectively.